Orc Launches Market Adapter for China Futures Exchange
- The online trading tech provider aims to facilitate market access for Asian traders and brokers
Orc, the leading supplier of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term technology for listed derivatives, announced that it has developed and launched a market adapter for the China Financial Futures Exchange (CFFEX). The tool will facilitate low-latency access to the CFFEX platform for exchange members and brokers.
The trading technology supplier said that the market adapter was developed and tested on the Financial Easy Market Access System, and that now Chinese clients will have the opportunity to take advantage of the full suite of services offered by two other Orc products – Trading Brics and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Brics, specially developed for emerging markets.
The new product highlights China as a focus of expansion for Orc
Commenting on the launch, Orc’s regional President for the Asia-Pacific, Greg Chambers, said: “Our new market access option for CFFEX highlights the importance of the Chinese markets for Orc’s expansion plans in the Asia-Pacific region and provides our domestic Chinese and international clients with the capability to trade the market’s listed derivatives.”
Orc has continuously been working on its offering, adjusting it constantly to a changing regulatory environment. Most recently, the company announced that it had introduced changes to its trading technology to reflect the requirements leveled on financial service providers by European regulators in the new Markets in Financial Instruments Directive (MiFID), due to come into effect in 2017.
Earlier, Orc struck a deal with OneMarketData to integrate the latter’s OneTick event stream processing and tick data management solution into its Bricks and Execution Bricks products, once again as part of efforts to keep up with the European regulatory drive.
Orc, the leading supplier of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term technology for listed derivatives, announced that it has developed and launched a market adapter for the China Financial Futures Exchange (CFFEX). The tool will facilitate low-latency access to the CFFEX platform for exchange members and brokers.
The trading technology supplier said that the market adapter was developed and tested on the Financial Easy Market Access System, and that now Chinese clients will have the opportunity to take advantage of the full suite of services offered by two other Orc products – Trading Brics and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Brics, specially developed for emerging markets.
The new product highlights China as a focus of expansion for Orc
Commenting on the launch, Orc’s regional President for the Asia-Pacific, Greg Chambers, said: “Our new market access option for CFFEX highlights the importance of the Chinese markets for Orc’s expansion plans in the Asia-Pacific region and provides our domestic Chinese and international clients with the capability to trade the market’s listed derivatives.”
Orc has continuously been working on its offering, adjusting it constantly to a changing regulatory environment. Most recently, the company announced that it had introduced changes to its trading technology to reflect the requirements leveled on financial service providers by European regulators in the new Markets in Financial Instruments Directive (MiFID), due to come into effect in 2017.
Earlier, Orc struck a deal with OneMarketData to integrate the latter’s OneTick event stream processing and tick data management solution into its Bricks and Execution Bricks products, once again as part of efforts to keep up with the European regulatory drive.